Country Icon

Coherent, Inc. (COHR) - Buy, Sell or Hold?

Sector: Capital Goods   Sub-Sector: Biotechnology: Laboratory Analytical Instruments
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017NoneBearish EngulfingMon, 27 Nov 20170.58%
***Stock database and scans are updated around midnight (New York time) every trading day.
313.01 0.00 (0%) Nov 28 4:00pm EDT
Open: 312.46 Range: 310.13 - 315.99 Vol: 248.5K Avg Vol: 561.94K
EPS: 6.64 P/E ratio: 39.55 EBITDA: 403.41M Mkt Cap: 6.47B
Analyze "COHR" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 315.38
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 293.58
Last Trade is above the 50 day moving average at 268.60
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 235.89
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of COHR

Stock Trend Analysis - Buy, Sell or Hold "Coherent, Inc." (COHR)?

COHR is in a very strong uptrend. In the last 52 weeks, COHR has been trading above the 200 day moving average for 100% of the time with an average daily volume of 561.9K shares being traded. The 50 day moving average, currently at 268.60, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average confirms this view as the underlying strength in COHR is still very strong with price maintaining above the 20 SMA for 82.5% of the time in the last month of trading. Traders however need to be cognizant of the fact that some retracement may set in as many may use the strength in price to lock in profits. Traders who are thinking of going long COHR shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 268.60 and 235.89 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "COHR".

The analyst consensus estimates for the 1 year price target for this stock is $290.78* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017
Capital Goods Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
ESLTElbit Systems Ltd.Buy, Sell or HoldTrading Levels & Pivots
TATTTAT Technologies Ltd.Buy, Sell or HoldTrading Levels & Pivots
GRMNGarmin Ltd.Buy, Sell or HoldTrading Levels & Pivots
BOOMDynamic Materials CorporationBuy, Sell or HoldTrading Levels & Pivots
NSYSNortech Systems IncorporatedBuy, Sell or HoldTrading Levels & Pivots
RAVNRaven Industries, Inc.Buy, Sell or HoldTrading Levels & Pivots
KALUKaiser Aluminum CorporationBuy, Sell or HoldTrading Levels & Pivots
FTEKFuel Tech, Inc.Buy, Sell or HoldTrading Levels & Pivots
STRTStrattec Security CorporationBuy, Sell or HoldTrading Levels & Pivots
NNBRNN, Inc.Buy, Sell or HoldTrading Levels & Pivots